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People participate in a parade ahead of the Mexican Independence day in Chicago puma creepers rihanna noir beige , the United States on Sept. 10, 2017. (XinhuaLiu Yifang)

China, Pakistan air forces hold joint training exercises

Pic story: Chinese grape and wine expert

Farmers busy with farm work around Bailu across China

Rural children take free lunch in SW China's Guizhou

In pics: China's future Mars simulation base in Qinghai

Actors perform during acrobatics show in central China's Puyang

Colorful houses seen in N China's beautiful countryside

Spectacular scenery of Hukou Waterfall of Yellow River


WASHINGTON, Feb. 11 (Xinhua) -- In her first testimony to the Congress puma creepers rihanna beige , U.S. Federal Reserve Chair Janet Yellen reiterated central bank's plan to taper its stimulus exit despite recent weakness in the economy.

The current economic situation and outlook, as well as the monetary policy, were the main focus of the hearing held twice a year.

Yellen told lawmakers she expected "a great deal of continuity" in the central bank's monetary policy, saying that she served on the Fed policy-setting committee as the bank formulated its current policy strategy and she strongly supported that strategy.

Yellen puma creepers rihanna blanche , 67, took the oath of office to lead the Federal Reserve System on Feb. 3, succeeding Ben Bernanke, who stepped down after eight turbulent years. She was previously the Fed's vice Chair.

In the public debut in her new role puma creepers rihanna rose , Yellen said while the economy gained steam at the end of 2013, recovery in the U.S. labor market was "far from complete," underscoring the importance of considering more than just the unemployment rate when evaluating the conditions of the labor market.

Her point of keeping an eye on wider range of labor indicators is particularly important as the unemployment rate, now at 6.6 percent puma creepers rihanna bordeaux , is near the 6.5 percent threshold the Fed once identified as the level that would need to be reached before officials would consider a hike in the interest rates.

"If coming information broadly supports the Committee's expectation of ongoing improvement in labor market conditions and inflation moving back toward its long-run objective, the Committee will likely reduce the pace of asset purchases in further measured steps at future meetings," Yellen indicated steady pullback in Fed stimulus, referring to the Federal Open Market Committee adidas originals superstar femme , which sets monetary policy.

While admitting she was "surprised" by the two recent jobs reports that showed the pace of job creation running under what she had expected, Yellen cautioned against jumping to conclusions of the longer trend. She told the Congress that the Fed needs to see a "notable change" in the economic outlook to consider pausing its withdrawal of stimulus.

The Fed trimmed its monthly purchases of Treasury and mortgage- backed securities by a total of 10 billion dollars in both December and January, citing strengthening economy and continued improvement in the labor market.

The Fed policymakers have suggested they would continue to reduce the bond buying, which now totals 65 billion dollars a month adidas superstar 2 femme pas cher , at a similar pace at each Fed meeting and end it by the end of 2014, provided the economy develops generally in line with expectations.

Yellen also highlighted the Fed's financial regulatory role, saying that the work of making the financial system more robust " has not yet been completed."

BEIJING, July 3 (Xinhua) -- Weather forecast for 20 major Chinese cities and regions (20:00 July 3 -- 20:00 July 4 adidas superstar foundation noir , Beijing Time, temperatures in Celsius):

Min. Max. Condition Wind scale

Beijing 23 31 thundershower <3

Harbin 19 32 clear <33-4

Tianjin 24 32 shower <3

Urumqi 20 30 cloudyclear 3-4<3

Xi'an 23 37 cloudy <3

Lhasa 11 22 moderate rainshower <3

Chengdu 24 33 overcast <3

Chongqing 26 36 cloudy <3

Kunming 17 23 heavy rainmoderate rain <3

Nanjing 24 31 overcastthundershower 3-4

Shanghai 26 34 overcastthundershower <3

Wuhan 25 33 cloudyshower <3

Taipei 27 34 overcastthundershower 4-5

Guangzhou 26 32 heavy rainthundershower <33-4

Hong Kong 27 31 shower <3

Macao 26 31 shower <3

Xisha Islands 29 32 thundershower 4-5

Nansha Islands 28 32 cloudy 4-5

Diaoyu Islands 27 31 overcastcloudy 6-77-8

Source: Central Meteorological Station, China.

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